Report: Woolf Committee Report on Ethical Business Conduct in BAE Systems plc
Following a number of serious misconduct allegations, the Board of BAE Systems plc commissioned Lord Woolf to convene a committe to investigate ethical business conduct at the firm. The committee has made 23 recommendations and makes particular reference to the importance of effective and embedded ethics training; the crucial role of the Board and senior executives in setting the tone within the culture of the firm; and the importance of assessment and assurance processes. This is the Executive Summary of the report, published in May 2008.
Download the report summary here.
Report: 2007 National Business Ethics Survey
This report is published annually by the Ethics Resource Center in the US. The latest edition indicates that things are as bad again as they were pre-Enron in 2000. It goes on to show that a largely rules-based approach to ethical failures has itself failed. However, where organizations have really focused on building trusting relationships between managers and workers within the context of an overtly ethical culture, then this appears to be working. Our own belief is that trust between stakeholders build as a result of dialogue and discussion around shared values, shared challenges, shared decisions and shared behaviours. Download the report from the Ethics Resource Center
Report: 2007 Fraud Advisory Panel Review on Ethical Behaviour
The title of this year's annual review is "Ethical behaviour is the best defence against fraud", with the subtitle "It's all about choices". This is an authoritative and convincing argument for ethical behaviour and the need to develop our ability to make the right decisions and choices. Download PDF
Case Study: Citigroup
Business writer Jane Simms interviews Citigroup about their work with Roger Steare after ethics scandals resulted in a $20billion loss in market value. A year later, Citigroup was voted “the most ethical” bank to work for in the City. Download PDF
Review: Cabinet Office
Ann Hall, Deputy Director of Communications at the Cabinet Office, reviews ethicability and Roger’s work in terms of leadership in government and the Civil Service Code. Download PDF
Article: " Is Corporate Governance a substitute for moral leadership?"
Roger Steare's paper presented to the Cass Business School, Corporate Governance Round Table and reprinted in International Corporate Governance, August 2007. Download PDF